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U.S. STOCKS ON THE MOVE-Cloudflare, Legence, Lumentum
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street was set to fall at the open on Tuesday, as concerns over lofty equity valuations and dimming chances of an interest rate cut from the Federal Reserve weighed on sentiment, while ...
Reuters
Tue, Nov 18
LIVE MARKETS-S&P 500 index breaks 50-DMA: Will the ship sink, or the tide turn?
US equity index futures red; Dow down ~0.8%Euro STOXX 600 index slides ~1.8%Dollar, bitcoin dip; crude flat; gold gainsUS 10-Year Treasury yield dips to ~4.09%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.res...
Reuters
Tue, Nov 18
Intuit rises after announcing $100 million OpenAI partnership
Shares of Intuit INTU.O rise 2.8% at $664 premarket after the TurboTax maker announces multi-year $100 million partnership with OpenAI Co says partnership aims to allow ChatGPT users to take secure financial actions through Intuit-powered appsIntuit says the deal will merge its financial data and A...
Reuters
Tue, Nov 18
US STOCKS-Wall Street eyes lower open as valuation concerns, rate-cut jitters linger
Futures down: Dow 0.79%, S&P 500 0.49%, Nasdaq 0.61%Home Depot drops after cutting FY profit forecastAxalta Coating Systems climbs on merger talks with AkzoNobelBy Shashwat Chauhan and Twesha Dikshit Nov 18 (Reuters) - Wall Street was set to fall at the open on Tuesday, as concerns over lofty...
Reuters
Tue, Nov 18
Ardent Health rises on $50 million share buyback plan
Shares of hospital operator Ardent Health ARDT.N rise 2.7% to $8.5 premarketARDT announces share buyback worth $50 millionSays co had $609 million of cash as of end of Q3ARDT reported surprise quarterly loss last week, sending its shares down 32%Stock closed at record low on Monday Eight of 13 broke...
Reuters
Tue, Nov 18
Jennifer Kupcho Clinches $1 Million Aon Risk Reward Challenge Title in Final-Event Comeback
Kupcho surges to the top of the season-long standings showcasing exceptional resilience and clutch decision-making NAPLES, Fla., Nov. 18, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, and the LPGA Tour today announced Jennifer Kupcho as the winner ...
PR Newswire
Tue, Nov 18
ROI-Wall Street wobble shows fundamentals still matter: McGeever
By Jamie McGeeverORLANDO, Florida, Nov 18 (Reuters) - Warnings about Wall Street's excessive optimism, concentration risk, and frothy valuations have fallen on deaf ears for most of this year, leaving market-watchers wondering what, if anything, will cool the tech and artificial intelligence fre...
Reuters
Tue, Nov 18
William Blair starts Diversified Energy's coverage with 'outperform'
William Blair starts coverage on Diversified Energy DEC.N with "outperform" rating, highlighting its asset-backed securitization financing strategy and strong cash flow stability"We expect another large accretive acquisition to be announced," brokerage saysBrokerage expects DEC to ge...
Reuters
Tue, Nov 18
GLOBAL MARKETS-Global stocks wary as Nvidia earnings to test AI boom amid bubble concerns
Stocks fall as investors await Nvidia results, US economic dataRisk-off mood permeates markets Fed rate-cut expectations waneJapan bonds under pressureBy Scott Murdoch and Lucy Raitano SYDNEY/LONDON, Nov 18 (Reuters) - Global shares declined on Tuesday as investors grew nervous ahead of Nvidi...
Reuters
Tue, Nov 18
Merck rises after lung disease drug meets main goal in mid-stage study
Shares of drugmaker Merck & Co MRK.N rise 3.1% to $95.75 premarket, on track to touch 8-month high at market openCo says its lung-disease drug Winrevair met the main goal of a mid-stage study in adults with pulmonary hypertension due to heart failure Co says the drug showed a significant reducti...
Reuters
Tue, Nov 18
Freeport-McMoRan gains on plans to restore production at Indonesia's Grasberg mine
Shares of copper miner Freeport-McMoRan FCX.N rise 5% to $40.8 premarketCompany plans to restore large-scale production at its Grasberg mine in Indonesia from Q2 2026, following a fatal incident that forced operations to halt earlier this yearFCX expects PT Freeport Indonesia's combined copper a...
Reuters
Tue, Nov 18
Ceva slides after stock offering launched
Shares of Ceva CEVA.O, licensor of silicon and software intellectual property solutions for connected devices, down 8.6% premarket to $21.55 as co looks to raise equityRockville, Maryland-based co late Mon commenced 3 mln share offering, saying to increase financial flexibility, obtain capital and b...
Reuters
Tue, Nov 18
Jefferies upgrades Legence to 'buy', raises PT on strong Q3
Jefferies upgrades engineering and maintenance services provider Legence LGN.O to "buy" from "hold"; raises PT to $49 from $39 Shares of LGN rise about 1% to $40.55 in premarket tradingBrokerage cites strong third-quarter performance, acceleration in M&A activity and data cente...
Reuters
Tue, Nov 18
Mizuho starts coverage on Lumentum with 'outperform' rating
Mizuho initiates coverage on optical and photonic products maker Lumentum Holdings LITE.O with an "outperform" rating and a PT of $290Brokerage says LITE is emerging as a key player in the AI-driven optical networking boom and holds over 50% of the market for indium phosphide (InP) lasers us...
Reuters
Tue, Nov 18
London stocks sink in global rout on Fed rate cut, valuation jitters
FTSE 100, FTSE 250 fall over 1%Banks extend losses Miners decline as gold and copper prices weakenImperial Brands jump after beating profit forecast Nov 18 (Reuters) - London stocks fell on Tuesday as financials extended losses, with global markets wary as diminishing hopes of a Federal Reserve i...
Reuters
Tue, Nov 18
Biopharma co Invivyd tumbles on $125 mln stock sale
Invivyd's IVVD.O shares down 13.4% premarket to $2.46 after $125 mln follow-on pricedNew Haven, Connecticut-based biopharmaceutical firm late Mon sold 50 mln shares, including 6 mln pre-funded warrantsOffering price of $2.50 is 12% discount to stock's last closeShares closed up ~21% on Mon f...
Reuters
Tue, Nov 18
FACTBOX-Opinions split over AI bubble after billions invested
Nov 18 (Reuters) - Alphabet GOOGL.O CEO Sundar Pichai said on Tuesday that no company would be unscathed if the artificial intelligence boom collapses, as concerns mount that multibillion-dollar investments in the technology are inflating a bubble reminiscent of the dotcom era.Investors are on guard...
Reuters
Tue, Nov 18
BellRing falls after forecasting FY net sales below Street estimate
Shares of protein-based food and beverages company BellRing Brands BRBR.N fall 14.1% to $22 premarketCompany sees FY 2026 net sales to be between $2.41 bln and $2.49 bln, below analysts' estimate of $2.51 bln - data compiled by LSEGQ1 net sales expected to decline about 5%, compared to the year ...
Reuters
Tue, Nov 18
Strong growth outlook fuels Stifel to upgrade Deckers Outdoor to 'buy'
Stifel upgrades Hoka parent Deckers Outdoor DECK.N to "buy" from "underweight"; reiterates PT of $117Brokerage sees strong fundamentals, brand momentum and financial strength"The re-rated multiple presents attractive valuation on prevailing estimates, and better understanding of ...
Reuters
Tue, Nov 18
Cloudflare falls on outage reports; Musk's X down for some users
Shares of cloud co Cloudflare NET.N fell 3.7% to $194.68 premarket NET faces issues that have impacted other servicesElon Musk's X was down for thousands of users in the U.S., according to outage tracking website Downdetector.comThere were more than 5,600 reports of issues with the social media...
Reuters
Tue, Nov 18
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